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17578 Highway 105
Montgomery, TX 77356

$9,000,000 USD

Hotel Condo For Sale  •  50,579 SF

Property Details

  • Property Type Hotel
  • Total Building Size 50,579 SF
  • Lot Size 2.32 AC
  • Building Class B
  • Year Built 1981
0 Transit Score
14 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 37 Flex 50,579 SF $9,000,000 USD
  • Unit Size: 50,579 SF
  • Condo Use: Flex
  • Price: $9,000,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $177.94 USD
Description
50,579+/- SF of villas with Lake Conroe Views on 2.32 Acres! These units are 2 to 3 stories and offer up to 4 different floor plans (see under docs). 8 of the units are occupied and the rest are vacant. Building 1 has been updated and all 5 of those units are ready for move-in. Units 118, 119, 120 have been updated and are almost ready. Some of these units have been gutted and need repairs. Gated entrance, completely fenced perimeter, swimming pool, clubhouse and plenty of parking.

Sale Notes
50,579 SF of villas on 2.32 Acres with Lake Conroe Views on Highway 105 W! There are 6 Buildings in total! Gated entrance, fully fenced around the entire property, large swimming pool with clubhouse, tons of parking, all overlooking Lake Conroe! These units feature 4 different floorplans, ranging from 2-3 stories with 2 Bedrooms/2 Baths to 3 Bedrooms/2 Baths. Bldg 1 has 5 Units (101-105) totaling 6,312 SF, has been renovated, staged & is ready for immediate move-in! Bldg 2 has 5 Units (106-110) totaling 6,312 SF & needs some work. Bldg 3: 6 Units (111-116) totaling 8,912 SF & needs work. Bldg 4: 7 Units (117-123) totaling 9,887 SF, most of the units are ready for move-in & 2 Units (119 & 120) would be perfect for Airbnb, as they offer spectacular views of Lake Conroe on the 3rd Floor! Bldg 5: 7 Units (124-130) totaling 10,160 SF, some of the units need work & 2 units are occupied. Bldg 6: 7 Units (131-137) totaling 8,996 SF, most units are occupied. Strong value-add opportunity! For more information or to schedule an appointment, call Robert Graham at (936) 672-2087!

Description

50,579 SF of villas on 2.32 Acres with Lake Conroe Views on Highway 105 W! There are 6 Buildings in total! Gated entrance, fully fenced around the entire property, large swimming pool with clubhouse, tons of parking, all overlooking Lake Conroe! These units feature 4 different floorplans, ranging from 2-3 stories with 2 Bedrooms/2 Baths to 3 Bedrooms/2 Baths. Bldg 1 has 5 Units (101-105) totaling 6,312 SF, has been renovated, staged & is ready for immediate move-in! Bldg 2 has 5 Units (106-110) totaling 6,312 SF & needs some work. Bldg 3: 6 Units (111-116) totaling 8,912 SF & needs work. Bldg 4: 7 Units (117-123) totaling 9,887 SF, most of the units are ready for move-in & 2 Units (119 & 120) would be perfect for Airbnb, as they offer spectacular views of Lake Conroe on the 3rd Floor! Bldg 5: 7 Units (124-130) totaling 10,160 SF, some of the units need work & 2 units are occupied. Bldg 6: 7 Units (131-137) totaling 8,996 SF, most units are occupied. Strong value-add opportunity! For more information or to schedule an appointment, call Robert Graham at (936) 672-2087!

Highlights

Fronts Highway 105!
Panoramic Lake Conroe Views!
Lots of Parking!
Close to Town/Shopping!

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • Pool

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Robert Graham 936-672-2087 Arrowstar Realty
Robert Graham 936-672-2087 Arrowstar Realty